Naira-for-crude: Tinubu asked to declare state of emergency on NNPCL leadership

The group said stopping the naira-for-crude initiative will negatively impact the economy of the country.
Photo credit: Asiwaju Bola Ahmed TinubuSource: Facebook “The recent policy maneuvers made by the Nigerian National Petroleum Company Limited (NNPCL), under the leadership of Mele Kyari, has molded the NNPCL into a symbol of incompetence, corruption, and a glaring betrayal of national interest.”It is with a heavy heart and a sense of urgency that we call on the Nigeria President, Bola Ahmed Tinubu, to declare a state of emergency on the leadership of NNPCL.”The suspension of the naira-for-crude deal is undoubtedly antithetical to the overarching objective of attaining energy self-sufficiency. This policy has inadvertently perpetuated our dependency on imported petroleum products, thereby further exposing the nation to the vicissitudes of global oil price fluctuations and attendant supply chain vulnerabilities, which is dangerous to our fragile economy at the moment.””We came to the conclusion that the move by NNPCL is not just ill-advised; it is a deliberate act of economic sabotage. It is a betrayal of the Nigerian people and a slap in the face of a nation striving for self-sufficiency in its energy sector.NNPC breaks silence as naira-for-crude deal

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